Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Distribution centers
803 17th W Ave Bradenton, FL 34205-7608
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4363409
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Construction
CONCRETE
Total area
6,380 SF
Lot
0.61 ac (26,410 SF)
Zoning code
BR_FBC,BR_T4-O
APN
45008.1005-8
UPID
US18-4363409
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Aquarian Sky Sparkling Cbd Water Big Box & Wholesale Store Distribution Center
-
Sun Lab Brewing Company Production Facility Brewery & Distillery
-
FizzH2o Big Box & Wholesale Store
-
Aquarian Sky Sparkling Water Big Box & Wholesale Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$874k
Blend (final)
Blend
$700k
Owner & transaction history
Gravity Funds LLC · 4 yrs held
Gravity Funds LLC
since 2021
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
BR_FBC,BR_T4-O · Bradenton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$935,000
+7.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bradenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bradenton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$775,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$875,000
Current use
INDUSTRIAL (GENERAL)
$935,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $650k (Dec 17 2021)
Last sale anchor
$650k
Dec 17 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,839
Tax year 2023
Assessed value
$656,571
Assessed 2023
Previous assessed
$556,689
+17.9% YoY
Effective rate
1.80%
On assessed value
Assessed land
$138,070
Assessed improvement
$518,501
Land market value
$138,070
Improvement market value
$518,501
Total market value
$656,571
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
6,380 SF
Lot
0.61 ac (26,410 SF)
Zoning code
BR_FBC,BR_T4-O
APN
45008.1005-8
UPID
US18-4363409
Jurisdiction
MANATEE
Zoning & alternative use
BR_FBC,BR_T4-O · Bradenton, FLZoning BR_FBC,BR_T4-O · permitted uses
BR_FBC,BR_T4-O · Bradenton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$875,000
INDUSTRIAL (GENERAL)
Est. value
$935,000
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Gravity Funds LLC
Entity
Mailing address
214 BLANCA AVE, TAMPA, FL 33606-3328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
—
Gravity Funds LLC
—
Deed
related
$450,000 · First American Bank
Dec 17, 2021
$650,000
Gravity Funds LLC
Cornelius Properties LLC
Warranty Deed
—
Nov 14, 2013
—
Cornelius Properties LLC
Cornelius,william T
Quit Claim Deed
related
—
Aug 14, 2013
$290,000
William T Cornelius
Mida Group LLC
Warranty Deed
—
Aug 31, 2012
$120,000
Mida Group LLC
J & T Printing INC
Warranty Deed
—
Apr 30, 1998
$170,000
Professionals Printing
Gulf Coast Printing Company
Grant Deed
related
$180,000 · Community Bank Of Manatee
—
—
J & T Printing INC
—
Deed Of Trust
related
$285,000 · Lnv Corp
—
—
J & T Printing INC
—
Deed Of Trust
related
$201,000 · Lnv Corp
—
—
Bradenton Press
—
Deed Of Trust
related
$102,627 · Freedom Bank
—
—
Bradenton Press
—
Deed Of Trust
related
$344,000 · Freedom Bank
—
—
J & T Printing INC
—
Deed Of Trust
related
$280,000 · Freedom Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 803 17th W Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
